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BTCUSD - possible ascending triangle on the 1H chart?

159
Hello,

This might have a bullish outcome.

Sleep well!


Sisif
Nota
Looks like it's forming some sort of flag on the 4h chart. Still not entered the trade because price failed to maintain over 7150. It's Friday, so we can expect also a "Friday dump" from the market movers. I'm not in a rush, I'll just wait for the confirmations needed.


syot kilat
Nota
1h chart - Price moving inside an ascending channel.

syot kilat
Nota
The possibly bigger picture. Although BTC can revisit any time the 6.7k area for testing the trendline, I remain bullish as long as the price doesn't fall beneath 6.6k. If you are in a trade, trade this cautiously.

syot kilat

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